Capacitive Proximity Sensor Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

 - Capacitive proximity sensing technology is witnessing swift developments, which are meeting the advanced user interface requirements of modern applications. The increasing preference for capacitive sensors, due to their greater durability, superior sensitivity, and higher measurement accuracy than resistive or inductive sensors is one of the primary factors driving the growth of the market studied.

- The rise in automation of complex production systems has increased the demand for components capable of providing critical data related to the production process. These sensors facilitate process control in factories by detecting the presence and position of metal objects. Proximity sensors can also help in automating procedures and even repetitive tasks, resulting in an efficient production line.

- The food and beverage industry uses capacitive proximity sensors to identify the status of the product behind the opaque surface, which could be a cover, any kind of storage container, packaging, etc. These sensors are ideal for level and feed monitoring, which could be paper, wood, or any liquid form. They can detect the status of a product still in the production stage, until the final inspection.

- Rockwell's Automation's latest cylindrical capacitive proximity sensors have an adjustable sensing distance and are equipped with two status indicators to show power and output. 875C and 875CP, which are shielded and housed in a nickel-plated brass barrel and another one in a plastic barrel and are unshielded models. Both versions meet NEMA 12 and IP67 (IEC 529) enclosure standards.

- However, limitations in sensing capabilities and availability of other sensors at a lower cost might hinder the growth of the capacitive proximity sensor market.

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Key Market Trends

Automotive Industry to Drive the Market Growth

- Due to the increasing purchasing power of the millennial population, there is a continuous demand for passenger cars. According to OICA, the global passenger car was estimated to be 70 million units in 2018, and due to the latest trend in the adoption of autonomous vehicles, the demand is expected to increase during the forecast period.

- These days, all kinds of sensors are embedded in a vehicle e.g., position sensors, humidity sensor, temperature sensor, and others. The major sensor to be used in automotive vehicles now are capacitive proximity sensor where these sensors can be used in automotive, include infotainment system, keyless entry system, 3D gesture, and interior lighting control.

- For example, in the parking assistance system, these sensors can detect the presence of objects in the pathway of the reversing vehicle and can raise the alarm to warn the driver. Proximity sensors also prevent collision with pedestrians while parking.

- Therefore, with autonomous vehicles being introduced, these sensors are expected to witness an exponential growth in their demand.

North America to Account for a Significant Market Share

- The industrial applications of capacitive proximity sensors need a robust structure to sustain in a harsh environment. North America, one of the largest markets for industrial automation, engages in integrating the latest technological advancements.

- Capacitive proximity sensors are massively used in consumer electronics. For instance, nowadays, each smartphone is equipped with a capacitive proximity sensor, which helps in reducing battery consumption by turning the display when not in use or settled on a table or a surface, or while on a call. According to GSMA, smartphone penetration crossed 69% mark in 2017, which contributed 4.0% to the GDP.

- Also, the automotive industry in North America is booming due to the latest trend of self-driving cars and increasing in demand for advanced autonomous vehicles, like SUVs and pickup trucks.

- The United States dominates the region owing to the presence of significant industries and car manufacturing market giants, General Motors and Ford. Also, parts manufacturers like Hyundai and Kia. Around 14.5 million automobiles were sold in North America. In the near future, capacitive proximity sensing may influence market growth.

Competitive Landscape

The major players include Rockwell Automation, Omron Corporation, Honeywell International Inc., Pepperl + Fuchs GmbH, IFM Electronic GmbH, Turck Inc., and Panasonic Corporation, among others. The market is fragmented due to the major competition among the players. Hence, market concentration is low.

- Jun 2018 - Texas Instruments launched HDC2080 device, which is an integrated humidity and temperature sensor that provides high-accuracy measurements in a small DFN package, with low power consumption. This capacitive-based sensor incorporates new combined digital features and a heating element, to disperse condensation and moisture.

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